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S&P 500 Holds Steady After the FOMC, Hang Seng Aims For a Rebound S&P 500, HANG SENG INDEX, ASX 200 INDEX OUTLOOK: More than 85% of S&P 500 companies have beaten earnings estimates so far this season Traders are eyeing the Hang Seng Index (HSI) for a rebound after deep losses this week FOMC Meeting, Earnings, HSI, Asia-Pacific at the Open: Wall Street stocks were mixed on Wednesday after the FOMC meeting, which made only minor tweaks from June’s statement. Fed Chair Jerome Powell acknowledge that “ the economy has made progress” towards achieving the central bank’s long-term inflation and employment goals, but “substantial further progress” is needed to warrant starting tapering. The Fed held interest rates unchanged and maintained asset purchases at $120 billion a month, in line with market expectations.

Hong kongSouth koreaJerome powellMargaret yangDow jonesHang seng indexChair jerome powellSteady afterHang seng aims forSeng index technical analysisSeng indexTechnical analysisஹாங் காங்தெற்கு கொரியாஜெரோம் போவல்மார்கரெட் யாங்